OREANDA-NEWS. September 28, 2010. DemirBank’s assets as of September 1, 2010 amount 284.7 mln AZN, which exceeds the same indicator of previous year by 44.1 mln AZN or 18.3%. Volume of the loan portfolio also increased by 18.1% and reached 209 mln AZN, reported the press-centre of DemirBank.

Total value of customer deposits as of September 1, 2010 is equal to 97.1 mln AZN. Value of population’s deposits has reached 82.3 mln AZN, which represents a 45.6% or 25.8 mln AZN increase.

As of September 1, 2010 DemirBank’s shareholders capital amounted 19 mln AZN, while total regulatory capital reached 48 mln AZN.

One of the first banks of Azerbaijan, DemirBank (formerly called Azerdemiryolbank) started its operations in October 1989. Shareholders of the Banks include large international financial institutions, such as European Bank for Reconstruction and Development (EBRD) and Netherlands Development Finance Company (FMO).